Company Registration No. 12872472 (England and Wales)
Invise Limited
Unaudited accounts
for the year ended 30 September 2023
Invise Limited
Unaudited accounts
Contents
Invise Limited
Company Information
for the year ended 30 September 2023
Directors
James Richard Baker
Sally Anne Baker
Company Number
12872472 (England and Wales)
Registered Office
Sadler Bridge Studios
Bold Lane
Derby
DE1 3NT
Accountants
RLTP Accountants
Suite 8, Riverside Business Centre
Foundry Lane
Milford, Belper
Derbyshire
DE56 0RN
Invise Limited
Statement of financial position
as at 30 September 2023
Tangible assets
52,818
8,634
Cash at bank and in hand
7,336
29,001
Creditors: amounts falling due within one year
(14,920)
(4,914)
Net current assets
14,847
46,667
Total assets less current liabilities
67,665
55,301
Creditors: amounts falling due after more than one year
(45,235)
-
Called up share capital
100
100
Profit and loss account
22,330
55,201
Shareholders' funds
22,430
55,301
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2024 and were signed on its behalf by
James Richard Baker
Director
Company Registration No. 12872472
Invise Limited
Notes to the Accounts
for the year ended 30 September 2023
Invise Limited is a private company, limited by shares, registered in England and Wales, registration number 12872472. The registered office is Sadler Bridge Studios, Bold Lane, Derby, DE1 3NT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
4,793
-
5,543
10,336
Additions
2,750
56,579
3,267
62,596
At 30 September 2023
7,543
56,579
8,810
72,932
At 1 October 2022
452
-
1,250
1,702
Charge for the year
1,772
14,145
2,495
18,412
At 30 September 2023
2,224
14,145
3,745
20,114
At 30 September 2023
5,319
42,434
5,065
52,818
At 30 September 2022
4,341
-
4,293
8,634
Invise Limited
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
21,822
21,971
Accrued income and prepayments
383
383
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,633
14,229
Loans from directors
173
(19,989)
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2022: 1).